We have just concluded the 5th fiscal year since President Obama took office. During those five years, the federal government has spent a total $3.7 trillion on approximately 80 different means-tested poverty and welfare programs. The common feature of means-tested assistance programs is that they are graduated based on a person’s income and, in contrast to programs like Social Security or Medicare, they are a free benefit and not paid into by the recipient," says the minority side of the Senate Budget Committee.
http://www.weeklystandard.com/blogs/report-us-spent-37-trillion-welfare-over-last-5-years_764582.html
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment